Diligence memo · auto-generated · as of July 3, 2026
Circinus Medical Technology LLC
Circinus Medical Technology LLC looks fair against its niche peers and is at-risk on financing cadence.
Businessfiled
Circinus Medical Technology LLC operates in Biotechnology, based in Concord.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Circinus Medical Technology LLC has raised $9.8M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $6.9M on 2024-01-03.
Most recent recorded round closed around 2024-01-03.
Valuation (modeled)modeled
Provath models Circinus Medical Technology LLC at approximately $46M (range $7.6M–$112M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.04× the median modeled value of Series A Biotechnology companies in 2022–2024 (303 peers) — value vs value, same stage and era. Within the normal band (104% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 14 months.
Last raise 2.5 yr ago; this sector typically re-raises about every 14 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
The last round stepped up 1.2× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 55% of Biotechnology peers (4293 compared).
Modeled value ranks above 44% of those peers.
Closest niche peers: GeoVax Labs, Inc., Cellinfinity Bio Holding Company, LLC, Adient Medical, Inc., Entegrion Inc, BCD Bioscience, Inc..
Peoplefiled
5 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.